Credo Technology stock is slumping despite its strong revenue growth: what next?
Credo Technology Group stock has slumped and moved into a bear market after slumping by nearly 50% from its highest point this year. It dropped to a low of $148…
Economy
185 posts
Dow opens 310 pts higher as Fed rate hike overhang lifts
US stocks opened higher on Thursday as Wall Street shook off Wednesday’s selloff, with the Federal Reserve’s first interest rate hike since 2023 now behind investors. The Dow Jones Industrial…
Why the Fed hike may not mean much for US stocks
A hawkish Federal Reserve rate increase typically rattles financial markets, yet Wall Street greeted the central bank’s policy pivot without much drama. On Sept. 16, the Federal Open Market Committee…
What next for Medical Properties Trust stock amid asset sales?
Medical Properties Trust stock continued its strong downward this week, reaching its lowest level since January 13 last year. MPT dropped to $3.40, down by over 32% this year and…
Transocean stock jumps as it strikes a new $80M deal: is it a good buy?
Transocean stock jumped by 9% after the company announced a major contract for its Ultra-Deepwater drillship, signaling that its business was seeing substantial traction. RIG soared to $5.94, up by…
SpaceX stock outlook: where will SPCX be in the next five years?
SpaceX stock is falling this week as jitters about the artificial intelligence safety continues. SPCX dropped to $143.50 on Tuesday, a few points below this month’s high of $154. This…
SK Hynix says ‘no plans have been confirmed’ for deal with Intel
SK Hynix said Wednesday that no plans have been confirmed for a potential US memory chip deal with Intel. The denial came after Reuters reported the two companies were in…
Nasdaq opens higher as markets await Fed decision
US stocks opened higher on Wednesday as investors awaited a Federal Reserve interest-rate decision that could shape expectations for monetary policy in the coming months. The Nasdaq Composite advanced 0.46%,…
Dow opens 250 points lower as oil prices and Treasury yields pressure stocks
Major US stock indexes opened lower on Tuesday as rising crude prices, elevated Treasury yields and uncertainty over the outlook for artificial intelligence demand weighed on investor sentiment. The Dow…
Why Joby Aviation stock is falling as it nears a major inflection point
Joby Aviation stock remains in a freefall this week and is hovering at its lowest level since May 2025. It slipped to $6.30, down more than 70% from its high…